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ESR Europe sells €86 million Dublin hotel to Deka

A fund managed by Deka Immobilien has acquired a hotel in Ireland from an ESR Europe-managed fund.

The open-ended mutual fund Deka-ImmobilienEuropa fund has invested €86 million to acquire the 272-key Ruby Molly hotel in Dublin City Centre from ESR Europe Active Real Estate Fund IV.

Source: IPE Real Assets on 27 Feb 2025
https://realassets.ipe.com/news/esr-europe-sells-86m-dublin-hotel-to-deka/10129150.article